Tag Archives: East West Bank

Cross River Partners, LSQ and Utica Leaseco Support Enservco’s Refinancing

Enservco retired its $13.8 million senior revolving credit facility with East West Bank via a refinancing transaction that includes a $10 million receivables factoring line from LSQ, a $6.22 million master equipment lease from Utica Leaseco and the issue of a $1.2 million convertible subordinated note to Cross River Partners.

Barclays and East West Bank Provide $135MM of $175MM Financing Package for Drip Capital

Drip Capital, a digital cross-border trade finance platform for small and medium businesses, raised $175 million in fresh capital to power its next phase of growth. The funds include $135 million in warehouse debt facilities from Barclays Investment Bank and East West Bank.

Capital SW and East West Bank Support Mountaingate’s Investment in Acceleration Partners

Capital Southwest provided Mountaingate Capital with a senior secured first lien term loan and delayed draw facility (in which East West Bank was a co-lender) in support of its investment in Acceleration Partners. East West Bank also provided a revolver.

Investec Agents $200MM Debt Financing for Cypress Creek

Investec Power and Infrastructure Finance acted as sole bookrunner, coordinating lead arranger and administrative agent on a seven-year, $200 million debt financing facility for a holding company of Cypress Creek Renewables.